NEWS
Rick Kment DTN Analyst
Fri Jan 23, 2015 11:19 AM CST

OMAHA (DTN) -- Nearby live cattle and feeder cattle futures are locked in limit-down trade. This lack of support continues to weaken the overall market. If live cattle and feeder cattle futures close limit lower in nearby futures, expanded trade will be seen Monday. Given the release of the cattle on feed report Friday afternoon, additional volatility may flood into the market early next week.

Losses continue to develop through the livestock futures markets during the morning. Live cattle and lean hog futures are holding losses over $2 per cwt midmorning. The potential for nearby live cattle futures moving to ...

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